Misys Wholesale Banking Systems (Misys) has announced that Beijing City Commercial Bank (BCCB) has selected OPICS, its treasury, derivatives and capital markets solution, and Trade Innovation, its trade services solution, to help the bank meet its growth objectives.
The deal has been secured through Misys' partner, Singlee Software Group. BCCB, a joint-stock commercial bank with 110 branches across the Chinese capital, has selected the software from Misys to modernize its treasury environment and streamline its trade finance operations in one complete and fully integrated solution.
The bank has licensed OPICSExpress, the off-the-shelf version of OPICS, for its treasury department. Together with Trade Innovation, the market leading trade services solution, the software will support the bank's increased volumes, values and sophistication of transactions, associated operational issues and will provide better risk management controls.